Global Cement Report

China

After a period of explosive capacity growth, oversupply and unprofitability the Chinese cement industry is now entering a crucial phase of structural adjustment. The elimination of obsolete technology and accelerated consolidation are key priorities for the industry which produces over one billion tonnes of cement annually. With low domestic prices and a surplus of capacity, China has rapidly become the world's largest exporter, though future export trade will depend on the speed of restructuring efforts at home.